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Nappon Co Has Two Products Named X and Y  The following actual operating results were reported after the year was over: \text { The following actual operating results were reported after the year was over: }

question 37

Multiple Choice

Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed:  Product X  Product Y  Total  Sales $260,000$360,000$620,000 Variable Costs 156.000180,000336,000 Contribution Margin $104,000$180,000$284,000 Fixed costs 130,000108,000238,000 Operating Income (Loss)  $(26,000) $72,000$46,000 Selling Price per unit $130.00$60.00\begin{array}{lrrr} & \text { Product X } & \text { Product Y } & \text { Total } \\\text { Sales } & \$ 260,000 & \$ 360,000 & \$ 620,000 \\\text { Variable Costs } & 156.000 & 180,000 & 336,000\\\text { Contribution Margin } & \$ 104,000 & \$ 180,000 & \$ 284,000 \\\text { Fixed costs } & 130,000 & 108,000 & 238,000\\\text { Operating Income (Loss) }&\$(26,000) &\$72,000&\$46,000\\\text { Selling Price per unit }&\$130.00&\$60.00\end{array}

 The following actual operating results were reported after the year was over: \text { The following actual operating results were reported after the year was over: }

 Product X  Product Y  Total  Sales $202,500$467,500$670,000 Variable Costs 117.000212,500329,500 Contribution Margin $85,500$255,000$340,500 Fixed costs 140,000108,000248,000 Operating Income (Loss)  $(54,500) $147,000$92,500 Units Sold 1,5008,500\begin{array}{lrrr} & \text { Product X } & \text { Product Y } & \text { Total } \\\text { Sales } & \$ 202,500 & \$ 467,500 & \$ 670,000 \\\text { Variable Costs } & 117.000 & 212,500 & 329,500\\\text { Contribution Margin } & \$ 85,500 & \$ 255,000 & \$ 340,500 \\\text { Fixed costs } & 140,000 & 108,000 & 248,000\\\text { Operating Income (Loss) } & \$(54,500) & \$ 147,000 & \$ 92,500\\\text { Units Sold } & 1,500 & 8,500\end{array} The sales quantity variance for Product Y is:


Definitions:

Moral Standards

Principles or norms of behavior that distinguish between acceptable and unacceptable actions, often based on societal or personal beliefs.

Sustainability Message

A communication strategy that emphasizes the importance of maintaining ecological and environmental balance, and promoting long-term environmental health and prosperity.

Organizational Responsibility

Refers to the ethical and societal duty of a company or organization to act in the best interests of their employees, stakeholders, and the community, often encompassing environmental stewardship and social responsibility.

GSTC

The Global Sustainable Tourism Council, which establishes and manages global standards for sustainable travel and tourism.

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